US GDP Plummeting

from SGTReport.com:

Andy Hoffman from Miles Franklin is on the line to dissect today’s breaking news about the collapse of the US economy as illustrated by today’s GDP report. The REAL numbers which now fully reveal how sick the economy is, despite artificially low interest rates and TRILLIONS in Fed “stimulus”, are absolutely frightening.

According to Zero Hedge, if US inventories, already at record high levels, and with the inventory to sales rising to great financial crisis levels, had not grown by $121.9 billion and merely remained flat, US Q1 GDP would not be 0.2%, but would be -2.6%..

Thanks for tuning in as we document the collapse April 29, 2015.

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